- The Norwegian Krone rose to a near 1-week peak, extending previous session rebound.
- USD/NOK trades 0.2 percent lower at 9.1909, having touched a high of 9.2894 on Monday, its highest since October 29.
- Momentum indicators are bearish on hourly charts: RSI weak at 33.75, Stochs are biased lower and MACD supports downside.
- Immediate resistance is located at 9.2680, and close above could take it till 9.2894.
- On the downside, support is around 9.1647, break below could take it till 9.1466.
Recommendation: Good to sell on rallies around 9.2006, with stop loss at 9.2329 and target price of 9.1466.
